It turns out that the characterization of talks between Nokia and Alcatel-Lucent yesterday as being "advanced" and "critical" were true. The two telecom infrastructure solutions providers made their intention to combine official today with the announcement of a memorandum of understanding (MoU) under which Nokia will make an offer for all of the equity securities issued by Alcatel-Lucent, through a public exchange offer in France and in the United States.
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